Bank of America Faces a New Lawsuit from UBS: The $200 Million Legal Battle
Introduction: Bank of America faces a new lawsuit from UBS, a significant development in high-stakes finance that revisits unresolved matters from the 2008 financial crisis. The Swiss banking giant UBS has initiated legal proceedings, claiming $200 million in damages. Bank of America’s alleged failure to honor its indemnification obligations in mortgage-related litigation lies at the … Read more